Computacenter’s sales given altitude by the cloud

CLOUD-BASED computing and increasingly complex IT systems are proving a boon for digital consultancy Computacenter, whose sales rose by 18pc to just over £2bn in the first six months of its financial year.

It is the first time the company’s revenues have hit the £2bn mark in any six-month period since it was founded in 1981 by British entrepreneurs Philip Hulme and Peter Ogden, who together still own more than a fifth of Computacenter’s shares.

Pre-tax profit increased by 10pc to £52m in the period to the end of June.

The need for increased network capacity as IT systems grow more complex, and a requirement for greater connectivity and bandwidth to support things like video-conferencing, contributed to the company’s growth in the period, according to finance director Tony Conophy.

“The good trends over the last 18 months look set to continue for a reasonable period of time because of the way people are using IT,” said Mr Conophy.